Treet Corporation is entering Pakistan's rapidly expanding lithium battery market, betting on surging solar adoption to drive demand for modern energy storage solutions.
Treet Corporation Limited expects its first shipment of imported lithium-ion batteries to arrive shortly, with revenue anticipated to materialise in the fourth quarter. The development was disclosed during an analyst call attended by market participants.
The company has partnered with a Chinese manufacturer to introduce lithium-ion batteries alongside inverters, offering multiple product configurations, including tower and wall-mounted systems. Management indicated that decisions regarding local assembly will depend on the market response to these initial imports.
The move comes as Pakistan experiences a notable shift towards alternative energy sources, particularly solar power. Industry data cited by the Policy Research Institute for Equitable Development shows that solar photovoltaic capacity has reached 33 gigawatts nationwide, reflecting widespread adoption across residential and commercial users.
Treet's leadership noted that while lithium-ion solutions are gaining traction, conventional batteries are expected to remain relevant, especially during periods of limited grid availability when demand typically peaks.
The company, incorporated in 1977 and traditionally known for manufacturing razors and related products, is diversifying its portfolio to align with evolving energy consumption patterns. The expansion into battery storage highlights growing opportunities in Pakistan's energy transition, as firms position themselves to serve a market increasingly driven by renewable adoption.